BANKNIFTY Index has resistance near 55400 – 55500 range and if index crosses and sustains above this level then may reach near 55900– 56000 range.
Banknifty has immediate support near 54600 - 54500 range and if this support is broken then index may tank near 54100 - 54000 range.
Trade closed: target reached
Gap down opening with high near 54895 then further tank to low near 54310 and closed near 54390.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.